Federal Reserve chairman Ben Bernanke is giving a closely watched speech in Jackson Hole, Wyoming at an annual economic symposium. And I can summarize this speech for you in metaphor. Water works well at fighting fires. Everything is on fire. We may hook up the hose at some point. Not promising anything. That’s the sense [...]
Bernanke Defends Record, Declines to Commit to New Policies in Jackson Hole Speech |
| By: David Dayen Friday August 31, 2012 7:42 am |



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